Beginning July 1, 2010 and ending January 1, 2014, the United States government has created a high risk pool program that all states are able to benefit from. $5 billion dollars has been allotted to go towards the funding of this health insurance option for those Americans who are uninsured. To be eligible for this program there are certain criteria that you must fit into before you can even apply for coverage. First and foremost, you must be a citizen of the United States or in America by permission of the country (lawfully present). Next, you must have been uninsured for six months before you apply for the program. Finally, you must have a pre-existing condition that makes it impossible to purchase private insurance or maintain insurance through your place of work. All of these stipulations may seem unreasonable, but this high risk program has been created for a specific reason.
The great benefit about the high risk pool created by the United States government is that it will be affordable. With the affordable cost, you who have a pre-existing condition will be able to afford this high-quality insurance. All premiums will be standard for the individual states and will not vary too greatly depending your age. However, it is important to understand that this is a temporary fix to a sometimes permanent problem that you are having. Make sure that you take into account that this program will only be available for a few years and then gone.
The Department of Health and Human Services has made this high risk pool effective for all states within America. However, it is the state's duty to choose which of the option they want for their individual state. A state can choose to make a new risk pool, use their current risk pool, join in with another HIPAA carrier or simply do nothing. The state must make a declaration of how they want to take part in the program. However, it is important to note that no matter the choice of the state, if you are and eligible American you can have the chance to take advantage of this risk pool.
Take the time to research how your state is participating in the high risk pool. If you have been uninsured for at least six months and have a pre-existing condition that causes you to be denied for health insurance coverage this could be a great option for you.
The great benefit about the high risk pool created by the United States government is that it will be affordable. With the affordable cost, you who have a pre-existing condition will be able to afford this high-quality insurance. All premiums will be standard for the individual states and will not vary too greatly depending your age. However, it is important to understand that this is a temporary fix to a sometimes permanent problem that you are having. Make sure that you take into account that this program will only be available for a few years and then gone.
The Department of Health and Human Services has made this high risk pool effective for all states within America. However, it is the state's duty to choose which of the option they want for their individual state. A state can choose to make a new risk pool, use their current risk pool, join in with another HIPAA carrier or simply do nothing. The state must make a declaration of how they want to take part in the program. However, it is important to note that no matter the choice of the state, if you are and eligible American you can have the chance to take advantage of this risk pool.
Take the time to research how your state is participating in the high risk pool. If you have been uninsured for at least six months and have a pre-existing condition that causes you to be denied for health insurance coverage this could be a great option for you.
